Lehman Bros.

Part of a series The Great American Write-Down

Lehman Bros. (LEH) Lehman wrote $700 million off in the third quarter and have stated that any further write-downs should be neutralized by their hedges. It appears that they were quickest of the big nameplates to start shorting their mortgage exposure.

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Stock Market Update - Thu Nov 15 09:35:48 EST 2007